IBM Approaching Channel Resistance – Bear Call Spread Setup?IBM has rallied strongly within a clear ascending channel since late 2023, pushing recently into all-time highs and testing the upper boundary of the structure. This level has acted as resistance multiple times in the past — and we may now be approaching another potential rejection zone.
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47,258.54
0.03 BRL
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338.30 B BRL
About International Business Machines Corporation
Sector
Industry
CEO
Arvind Krishna
Website
Headquarters
Armonk
Founded
1911
ISIN
BRIBMBBDR003
FIGI
BBG0025NPFJ8
International Business Machines Corp. is an information technology company, which engages in the provision of integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure, and modernize their environments. The Consulting segment focuses on integrating skills on strategy, experience, technology and operations by domain and industry. The Infrastructure segment offers solutions for hybrid cloud and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. The Financing segment refers to the client and commercial financing, facilitating IBM clients’ acquisition of IT systems, software, and services. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.
IBM heads up at $273: Serious Resistance may give a Dip-to-Buy IBM has been flying to new All Time Highs (finally)
Now testing a serious resistance at $272.98-273.65
It may need to retest support zone $267.46-267.86
.
Previous Analysis that caught the EXACT BOTTOM:
Hit the BOOST and FOLLOW to encourage more such PRECISE ideas.
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IBM – Long Trade Setup📈
🔍 Pattern: Bullish pennant breakout
📍 Entry: Around $281.88 (breakout confirmation)
🎯 Target: $287.52 (green resistance zone)
🛑 Stop-loss: Below $278.50 (support area)
✅ Why this trade?
Strong uptrend with clean pullback
Breakout from consolidation (pennant)
Solid volume and momentum follow-th
IBM: Strategic AI and Hybrid Cloud Expansion Signals Bullish Ups
Current Price: $277.22
Direction: LONG
Targets:
- T1 = $285.00
- T2 = $293.50
Stop Levels:
- S1 = $270.50
- S2 = $265.00
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to
IBM Strong uptrend and may see target at 302NYSE:IBM uptrend remain strong and we have been holding on to it since our last report sharing
Price action shows a clear uptick above the 123.6% Fibonacci extension level and with that, we see a strong potential bullish upside as there is not strong bearish reversal at 123.6%.
Hence, we are
IBM Wave Analysis – 11 June 2025
- IBM broke key resistance level 270.00
- Likely to rise to the resistance level 290.00
IBM broke above the key resistance level 270.00 (which stopped the previous impulse wave (1) in the middle of May).
The breakout the resistance level 270.00 accelerated the minor impulse wave 3 of the interme
IBM Breakout in Motion: Eyes on $282.81 🚀"
📝 Caption/Description:
✅ Long Trade Setup on IBM (30-min Chart)
🔹 Entry: $276.29
🔹 Stop Loss: $273.96
🔹 Target: $282.81
🔹 R:R Ratio: ~1:2.7
🔸 Ascending triangle breakout with bullish volume spike
🔸 Minor resistance at $279.18 — monitor price reaction
📊 Strategy: Breakout + Trend Momentum
🦅 Char
IBM Wave Analysis – 3 June 2025
- IBM reversed from the support zone
- Likely to rise to the resistance level 270.00
IBM recently reversed up from the support zone between the support level 255.90 (low of the previous correction 2), the 20-day moving average and the 61.8% Fibonacci correction of the upward impulse from May.
The
IBM: Bullish AttemptsIBM has made progress in our scenario: Currently, the price is rising above the crucial resistance at $265.72; clearly surpassing this mark is important in the ongoing wave (3) in magenta. While we cannot entirely remove our alternative scenario with a new low for wave alt. in green, it still holds
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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